Net financial flows, bilateral in Madagascar
Madagascar: Net financial flows, bilateral was 32.07 million NFL, current US$ in 2024. ◆ Volatile
Latest (2024)
32.07 million NFL, current US$
Change on year
down 68.7%
World rank
42nd
of 123 countries
All-time high
230.10 million NFL, current US$
in 1974
All-time low
-91.10 million NFL, current US$
in 1977
Years of data
55
1970–2024
Net financial flows, bilateral in Madagascar, 1970–2024
Source: International Debt Statistics, World Bank (WB). Measured in NFL, current US$.
Analysis
Madagascar recorded 32.07 million NFL, current US$ for net financial flows, bilateral in 2024.
Compared with earlier readings it is down 68.7% on the previous year and up 24.0% over ten years.
Over the whole period, net financial flows, bilateral in Madagascar peaked at 230.10 million NFL, current US$ in 1974 and was at its lowest, -91.10 million NFL, current US$, in 1977.
Madagascar ranks 42nd of 123 countries on this measure, in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Net financial flows, bilateral in Madagascar, year by year
| Year | NFL, current US$ | Change |
|---|---|---|
| 1970 | 6.52 million NFL, current US$ | — |
| 1971 | -3.06 million NFL, current US$ | -146.9% |
| 1972 | 13.28 million NFL, current US$ | -533.8% |
| 1973 | -21.12 million NFL, current US$ | -259.1% |
| 1974 | 230.10 million NFL, current US$ | -1189.2% |
| 1975 | 86.69 million NFL, current US$ | -62.3% |
| 1976 | 10.07 million NFL, current US$ | -88.4% |
| 1977 | -91.10 million NFL, current US$ | -1004.4% |
| 1978 | 8.80 million NFL, current US$ | -109.7% |
| 1979 | 117.75 million NFL, current US$ | +1238.2% |
| 1980 | 151.84 million NFL, current US$ | +29.0% |
| 1981 | 139.01 million NFL, current US$ | -8.5% |
| 1982 | 148.50 million NFL, current US$ | +6.8% |
| 1983 | 161.64 million NFL, current US$ | +8.9% |
| 1984 | 106.27 million NFL, current US$ | -34.3% |
| 1985 | 65.83 million NFL, current US$ | -38.1% |
| 1986 | 14.89 million NFL, current US$ | -77.4% |
| 1987 | 108.99 million NFL, current US$ | +631.8% |
| 1988 | 35.87 million NFL, current US$ | -67.1% |
| 1989 | 35.09 million NFL, current US$ | -2.2% |
| 1990 | 42.21 million NFL, current US$ | +20.3% |
| 1991 | 14.82 million NFL, current US$ | -64.9% |
| 1992 | 21.97 million NFL, current US$ | +48.2% |
| 1993 | 24.13 million NFL, current US$ | +9.9% |
| 1994 | 3.71 million NFL, current US$ | -84.6% |
| 1995 | 10.25 million NFL, current US$ | +176.2% |
| 1996 | 26.14 million NFL, current US$ | +155.0% |
| 1997 | 73.40 million NFL, current US$ | +180.8% |
| 1998 | -16.37 million NFL, current US$ | -122.3% |
| 1999 | -18.64 million NFL, current US$ | +13.9% |
| 2000 | -29.65 million NFL, current US$ | +59.0% |
| 2001 | -9.64 million NFL, current US$ | -67.5% |
| 2002 | -11.73 million NFL, current US$ | +21.7% |
| 2003 | -12.93 million NFL, current US$ | +10.2% |
| 2004 | 151.69 million NFL, current US$ | -1273.0% |
| 2005 | -5.54 million NFL, current US$ | -103.7% |
| 2006 | 9.58 million NFL, current US$ | -272.9% |
| 2007 | 9.36 million NFL, current US$ | -2.3% |
| 2008 | 33.55 million NFL, current US$ | +258.6% |
| 2009 | 41.84 million NFL, current US$ | +24.7% |
| 2010 | 54.16 million NFL, current US$ | +29.4% |
| 2011 | 40.65 million NFL, current US$ | -24.9% |
| 2012 | 18.28 million NFL, current US$ | -55.0% |
| 2013 | -7.97 million NFL, current US$ | -143.6% |
| 2014 | 25.86 million NFL, current US$ | -424.4% |
| 2015 | 32.62 million NFL, current US$ | +26.1% |
| 2016 | -29.72 million NFL, current US$ | -191.1% |
| 2017 | -22.81 million NFL, current US$ | -23.2% |
| 2018 | 40.26 million NFL, current US$ | -276.5% |
| 2019 | 87.79 million NFL, current US$ | +118.0% |
| 2020 | 60.41 million NFL, current US$ | -31.2% |
| 2021 | 73.06 million NFL, current US$ | +20.9% |
| 2022 | 198.05 million NFL, current US$ | +171.1% |
| 2023 | 102.48 million NFL, current US$ | -48.3% |
| 2024 | 32.07 million NFL, current US$ | -68.7% |
Madagascar compared with similar countries
- Madagascar's 32.07 million NFL, current US$ is above the median for low income countries, which is -1.96 million NFL, current US$. (23 countries reporting)
- Madagascar's 32.07 million NFL, current US$ is above the median for Sub-Saharan Africa, which is -2.42 million NFL, current US$. (44 countries reporting)
Biggest year-on-year movements
Years where Net financial flows, bilateral in Madagascar changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 2004 | +1273.0% | -12.93 million NFL, current US$ | 151.69 million NFL, current US$ |
| 1979 | +1238.2% | 8.80 million NFL, current US$ | 117.75 million NFL, current US$ |
| 1974 | +1189.2% | -21.12 million NFL, current US$ | 230.10 million NFL, current US$ |
| 1977 | -1004.4% | 10.07 million NFL, current US$ | -91.10 million NFL, current US$ |
| 1987 | +631.8% | 14.89 million NFL, current US$ | 108.99 million NFL, current US$ |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 35.79 million NFL, current US$ | -91.10 million NFL, current US$ | 230.10 million NFL, current US$ | 10 |
| 1980s | 96.79 million NFL, current US$ | 14.89 million NFL, current US$ | 161.64 million NFL, current US$ | 10 |
| 1990s | 18.16 million NFL, current US$ | -18.64 million NFL, current US$ | 73.40 million NFL, current US$ | 10 |
| 2000s | 17.65 million NFL, current US$ | -29.65 million NFL, current US$ | 151.69 million NFL, current US$ | 10 |
| 2010s | 23.91 million NFL, current US$ | -29.72 million NFL, current US$ | 87.79 million NFL, current US$ | 10 |
| 2020s | 93.22 million NFL, current US$ | 32.07 million NFL, current US$ | 198.05 million NFL, current US$ | 5 |
Countries ranked near Madagascar
More external debt data for Madagascar
- IFC, private nonguaranteed 36.33 million NFL, US$ (2024)
- IFC, private nonguaranteed (NFL, US$), per capita 1.14 NFL, US$ per person (2024)
- IFC, private nonguaranteed (NFL, US$), per unit of GDP 0.0021 NFL, US$ per US$ of GDP (2024)
- IFC, private nonguaranteed (NFL, US$), per square kilometre 43.93 NFL, US$ per square kilometre (2023)
- Public and publicly guaranteed debt service 1.2% (2024)
- Net financial flows, IDA 334.13 million NFL, current US$ (2024)
- Net financial flows, IDA (NFL, current US$), per capita 10.45 NFL, current US$ per person (2024)
- Net financial flows, IDA (NFL, current US$), per unit of GDP 0.019 NFL, current US$ per US$ of GDP (2024)
- Net financial flows, IBRD 0 NFL, current US$ (2000)
- Public and publicly guaranteed debt service 4.7% (2024)
Frequently asked questions
- What is net financial flows, bilateral in Madagascar?
- Net financial flows, bilateral in Madagascar was 32.07 million NFL, current US$ in 2024, according to International Debt Statistics, World Bank (WB).
- What is the highest net financial flows, bilateral recorded in Madagascar?
- The highest recorded value was 230.10 million NFL, current US$ in 1974.
- What is the lowest net financial flows, bilateral recorded in Madagascar?
- The lowest recorded value was -91.10 million NFL, current US$ in 1977.
- How does Madagascar rank for net financial flows, bilateral?
- Madagascar ranks 42nd out of 123 countries with data for 2024.
- Is net financial flows, bilateral rising or falling in Madagascar?
- Over the last ten years it is up 24.0%. The long-run trend across the full record is volatile.
- Where does this Madagascar data come from?
- The figures come from International Debt Statistics, World Bank (WB), published as part of Net financial flows, bilateral (NFL, current US$). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 55 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
About this data
Bilateral debt includes loans from governments and their agencies (including central banks), loans from autonomous bodies, and direct loans from official export credit agencies. Net flows (or net lending or net disbursements) received by the borrower during the year are disbursements minus principal repayments. Data are in current U.S. dollars.